40.13 USD
+0.23 (+0.58%)
40.13 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to BSY. BSY was compared to 276 industry peers in the Software industry. While BSY has a great profitability rating, there are quite some concerns on its financial health. BSY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BSY had positive earnings in the past year.
In the past year BSY had a positive cash flow from operations.
BSY had positive earnings in each of the past 5 years.
BSY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 7.77%, BSY is doing good in the industry, outperforming 78.99% of the companies in the same industry.
BSY has a Return On Equity of 22.53%. This is amongst the best in the industry. BSY outperforms 88.77% of its industry peers.
BSY has a better Return On Invested Capital (10.86%) than 86.59% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BSY is below the industry average of 10.78%.
The last Return On Invested Capital (10.86%) for BSY is above the 3 year average (8.00%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROIC | 10.86% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
1.3 Margins
BSY has a Profit Margin of 18.44%. This is amongst the best in the industry. BSY outperforms 80.80% of its industry peers.
BSY's Profit Margin has improved in the last couple of years.
BSY's Operating Margin of 24.23% is amongst the best of the industry. BSY outperforms 89.49% of its industry peers.
In the last couple of years the Operating Margin of BSY has grown nicely.
The Gross Margin of BSY (81.20%) is better than 85.51% of its industry peers.
BSY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% |
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BSY is still creating some value.
BSY has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BSY has more shares outstanding
The debt/assets ratio for BSY has been reduced compared to a year ago.
2.2 Solvency
BSY has an Altman-Z score of 3.84. This indicates that BSY is financially healthy and has little risk of bankruptcy at the moment.
BSY's Altman-Z score of 3.84 is fine compared to the rest of the industry. BSY outperforms 67.03% of its industry peers.
The Debt to FCF ratio of BSY is 2.71, which is a good value as it means it would take BSY, 2.71 years of fcf income to pay off all of its debts.
BSY has a better Debt to FCF ratio (2.71) than 65.22% of its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that BSY has dependencies on debt financing.
BSY's Debt to Equity ratio of 1.04 is on the low side compared to the rest of the industry. BSY is outperformed by 77.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 3.84 |
ROIC/WACC1.04
WACC10.47%
2.3 Liquidity
BSY has a Current Ratio of 0.61. This is a bad value and indicates that BSY is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.61, BSY is not doing good in the industry: 91.30% of the companies in the same industry are doing better.
BSY has a Quick Ratio of 0.61. This is a bad value and indicates that BSY is not financially healthy enough and could expect problems in meeting its short term obligations.
BSY has a Quick ratio of 0.61. This is amonst the worse of the industry: BSY underperforms 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.49% over the past year.
Measured over the past years, BSY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.41% on average per year.
BSY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.12%.
Measured over the past years, BSY shows a quite strong growth in Revenue. The Revenue has been growing by 12.93% on average per year.
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
3.2 Future
BSY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.45% yearly.
The Revenue is expected to grow by 9.22% on average over the next years. This is quite good.
EPS Next Y11.84%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
EPS Next 5Y14.45%
Revenue Next Year10.24%
Revenue Next 2Y10.2%
Revenue Next 3Y10.09%
Revenue Next 5Y9.22%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BSY is valuated quite expensively with a Price/Earnings ratio of 34.90.
Compared to the rest of the industry, the Price/Earnings ratio of BSY is on the same level as its industry peers.
BSY is valuated rather expensively when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
BSY is valuated quite expensively with a Price/Forward Earnings ratio of 29.57.
60.87% of the companies in the same industry are more expensive than BSY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, BSY is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.9 | ||
| Fwd PE | 29.57 |
4.2 Price Multiples
BSY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BSY is cheaper than 68.12% of the companies in the same industry.
BSY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BSY is cheaper than 73.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.48 | ||
| EV/EBITDA | 31.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BSY does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of BSY may justify a higher PE ratio.
BSY's earnings are expected to grow with 13.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.95
PEG (5Y)2.81
EPS Next 2Y12.61%
EPS Next 3Y13.1%
5. Dividend
5.1 Amount
BSY has a yearly dividend return of 0.70%, which is pretty low.
BSY's Dividend Yield is rather good when compared to the industry average which is at 0.53. BSY pays more dividend than 90.94% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.90, BSY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
5.2 History
BSY has been paying a dividend for over 5 years, so it has already some track record.
BSY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
30.41% of the earnings are spent on dividend by BSY. This is a low number and sustainable payout ratio.
DP30.41%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
40.13
+0.23 (+0.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners46.83%
Inst Owner Change0%
Ins Owners40.33%
Ins Owner Change-0.52%
Market Cap12.18B
Revenue(TTM)1.46B
Net Income(TTM)269.25M
Analysts77
Price Target59.44 (48.12%)
Short Float %8.51%
Short Ratio7.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Yearly Dividend0.24
Dividend Growth(5Y)N/A
DP30.41%
Div Incr Years2
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.45%
Min EPS beat(2)-2.54%
Max EPS beat(2)11.45%
EPS beat(4)2
Avg EPS beat(4)4.67%
Min EPS beat(4)-4.04%
Max EPS beat(4)13.82%
EPS beat(8)5
Avg EPS beat(8)9.68%
EPS beat(12)9
Avg EPS beat(12)11.56%
EPS beat(16)13
Avg EPS beat(16)13.89%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-0.85%
Max Revenue beat(2)0.63%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)0.63%
Revenue beat(8)3
Avg Revenue beat(8)-0.85%
Revenue beat(12)6
Avg Revenue beat(12)-0.02%
Revenue beat(16)8
Avg Revenue beat(16)0.08%
PT rev (1m)0.04%
PT rev (3m)-1.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.14%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.9 | ||
| Fwd PE | 29.57 | ||
| P/S | 8.34 | ||
| P/FCF | 26.48 | ||
| P/OCF | 25.46 | ||
| P/B | 10.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 31.41 |
EPS(TTM)1.15
EY2.87%
EPS(NY)1.36
Fwd EY3.38%
FCF(TTM)1.52
FCFY3.78%
OCF(TTM)1.58
OCFY3.93%
SpS4.81
BVpS3.94
TBVpS-4.6
PEG (NY)2.95
PEG (5Y)2.81
Graham Number10.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROCE | 13.59% | ||
| ROIC | 10.86% | ||
| ROICexc | 11.6% | ||
| ROICexgc | N/A | ||
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% | ||
| FCFM | 31.52% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
ROICexc(3y)8.22%
ROICexc(5y)11.91%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10%
ROCE(5y)13.18%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y4.29%
ROICexc growth 5Y-15.93%
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | 27.71% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 32.41 | ||
| Cash Conversion | 113.9% | ||
| Profit Quality | 170.89% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.84 |
F-Score8
WACC10.47%
ROIC/WACC1.04
Cap/Depr(3y)27.47%
Cap/Depr(5y)32.2%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.72%
Profit Quality(3y)148.6%
Profit Quality(5y)185.51%
High Growth Momentum
Growth
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
EPS Next Y11.84%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
EPS Next 5Y14.45%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
Revenue Next Year10.24%
Revenue Next 2Y10.2%
Revenue Next 3Y10.09%
Revenue Next 5Y9.22%
EBIT growth 1Y22.88%
EBIT growth 3Y18.11%
EBIT growth 5Y17.09%
EBIT Next Year16.54%
EBIT Next 3Y14.75%
EBIT Next 5Y10.9%
FCF growth 1Y34.82%
FCF growth 3Y15.91%
FCF growth 5Y22.26%
OCF growth 1Y30.85%
OCF growth 3Y14.76%
OCF growth 5Y20.58%
BENTLEY SYSTEMS INC-CLASS B / BSY FAQ
Can you provide the ChartMill fundamental rating for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a fundamental rating of 5 / 10 to BSY.
Can you provide the valuation status for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a valuation rating of 4 / 10 to BENTLEY SYSTEMS INC-CLASS B (BSY). This can be considered as Fairly Valued.
Can you provide the profitability details for BENTLEY SYSTEMS INC-CLASS B?
BENTLEY SYSTEMS INC-CLASS B (BSY) has a profitability rating of 8 / 10.
What are the PE and PB ratios of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The Price/Earnings (PE) ratio for BENTLEY SYSTEMS INC-CLASS B (BSY) is 34.9 and the Price/Book (PB) ratio is 10.19.
What is the financial health of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The financial health rating of BENTLEY SYSTEMS INC-CLASS B (BSY) is 3 / 10.